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DeFi Development's Solana treasury grows by 3,983 SOL ahead of major protocol upgrade

Protocol Fundamentals
19 Oct 2026
Tokenpost
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Bullish
DeFi Development's Solana treasury grows by 3,983 SOL ahead of major protocol upgrade

DeFi Development Corp., listed on Nasdaq, increased its Solana (SOL) treasury by about 3,983 SOL and equivalents in the week ending October 16, reaching roughly 2.59 million SOL. This growth is slower compared to previous weeks, where increases were over 20,000 SOL. The company plans to use proceeds from a $300 million preferred stock offering to buy more SOL. This update comes just before Solana's Alpenglow upgrade, which will significantly speed up transaction finality from 12.8 seconds to around 150 milliseconds, expected to activate on October 21.

Solana (SOL) trades at Rp1.889.011 on Pluang as of Oct 19, 2026 22:22 WIB, showing a 3.07% increase in the last day. The platform records a market cap of Rp1.103,51 trillion and a 24-hour trading volume of Rp44,82 trillion. This steady price rise coincides with DeFi Development Corp.'s recent addition of about 3,983 SOL to its treasury, just ahead of Solana's Alpenglow upgrade expected to enhance transaction speeds.

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